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Buying & Selling Real Estate

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Manish A.
  • Bethesda, MD
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If there is no buyers agent does the listing agent pocket all 6%?

Manish A.
  • Bethesda, MD
Posted Jan 25 2015, 12:39

I'm trying to understand exactly how agent commissions work.

Is this correct - When a seller lists a house, he comes to an agreement on commission with the listing agent and this is typically 6%?  What happens if he only wants to pay 4% or 2% total?

If the house is sold, and if there is no sellers agent, the listing agent keeps all 6%?  Or does the seller typically pay less commission when there is no buyers agent?

Thanks!

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